Forbes' list of the most valuable football clubs Information & Forbes' list of the most valuable football clubs Links at HealthHaven.com

[edit] 2009 rankings

Rankings as of April 2009.^[1]

Rank	Team	Country	Value ($m)^[2]	Debt as %of value^[3]	% change on year	Revenue ($m)	Operating income($m)^[4]
1	Manchester United	England	1,870	54	4	512	160
2	Real Madrid	Spain	1,353	23	5	576	81
3	Arsenal	England	1,200	107	0	349	80
4	Bayern Munich	Germany	1,110	0	21	465	59
5	Liverpool F.C	England	1,010	59	-4	332	50
6	AC Milan	Italy	990	0	24	330	58
7	FC Barcelona	Spain	960	7	22	487	108
8	Chelsea	England	800	92	5	424	-13
9	Juventus	Italy	600	5	18	264	46
10	Schalke 04	Germany	510	38	9	234	41
11	Tottenham Hotspur	England	445	29	12	228	70
12	Olympique Lyonnais	France	423	18	4	245	94
13	AS Roma	Italy	381	9	-12	276	69
14	Internazionale	Italy	370	77	−8	272	27
15	Hamburger SV	Germany	330	0	13	202	44
16	Borussia Dortmund	Germany	325	33	1	183	9
17	Manchester City	England	310	0	62	164	-16
18	Werder Bremen	Germany	292	0	12	177	27
19	Newcastle United	England	285	96	-5	198	-13
20	VfB Stuttgart	Germany	264	0	not reported	176	18
21	Aston Villa	England	240	10	26	150	1
21	Olympique de Marseille	France	240	0	28	200	20
23	Celtic	Scotland	218	14	-4	145	11
24	Everton	England	207	49	5	151	14
25	Rangers	Scotland	194	86	not reported	128	15

This is the April 2008 list as ranked by Forbes magazine on their worth in United States dollars.^[5]

Rank	Team	Country	Value ($m)^[2]	Debt as %of value^[3]	% change on year	Revenue ($m)	Operating income($m)^[4]
1	Manchester United	England	1,800	60	24	394	111
2	Real Madrid	Spain	1,285	27	24	474	112
3	Arsenal	England	1,200	43	31	329	77
4	Liverpool	England	1,050	65	131	269	60
5	Bayern Munich	Germany	917	0	9	302	72
6	AC Milan	Italy	798	0	-3	307	54
7	FC Barcelona	Spain	784	7	47	392	92
8	Chelsea	England	764	0	42	382	-5
9	Juventus	Italy	510	5	-10	196	35
10	Schalke 04	Germany	470	48	0	154	36
11	AS Roma	Italy	434	12	94	213	48
12	Tottenham Hotspur	England	414	15	70	207	64
13	Olympique Lyonnais	France	408	7	19	190	15
14	Internazionale	Italy	403	0	-27	207	21
15	Borussia Dortmund	Germany	323	57	63	122	31
16	Newcastle United	England	300	43	16	175	12
17	Hamburger SV	Germany	293	0	32	163	41
18	Werder Bremen	Germany	262	0	n/a	131	11
19	Valencia	Spain	254	159	31	145	-45
20	Celtic	Scotland	227	11	23	151	48
21	Everton	England	197	30	24	103	-1
22	West Ham United	England	195	23	25	115	-22
23	Manchester City	England	191	63	-8	114	27
24	Aston Villa	England	190	12	36	106	-40
25	Olympique de Marseille	France	187	0	19	134	13

Manchester United increased from $1.2 billion to $1.8 billion still remaining at top. While Real Madrid remains second due to an increase of $400 million. Arsenal also remain third after an approximate increase of $350 million.

This is the March 2007 list as ranked by Forbes magazine on their worth in United States dollars.

#	Team	Country	Value ($m)^[2]	Debt as %of value^[3]	% change on year	Revenue ($m)	Operating income($m)^[4]
1	Manchester United	England	1,453	84	6	310	92
2	Real Madrid	Spain	1,036	10	2	374	83
3	Arsenal	England	915	53	9	246	20
4	Bayern Munich	Germany	838	0	9	262	62
5	AC Milan	Italy	824	0	-10	305	46
6	Juventus	Italy	567	17	-18	321	45
7	Internazionale	Italy	555	n/a	10	264	26
8	Chelsea	England	537	28	6	283	-37
9	FC Barcelona	Spain	535	12	22	331	12
10	Schalke 04	Germany	471	53	45	157	37
11	Liverpool	England	454	18	28	225	37
12	Olympique Lyonnais	France	343	n/a	65	163	10
13	Newcastle United	England	260	46	-14	159	11
14	Tottenham Hotspur	England	243	0	27	137	9
15	AS Roma	Italy	224	0	-15	162	53
16	Hamburger SV	Germany	221	n/a	n/a	130	31
17	Manchester City	England	208	83	-6	114	9
18	Borussia Dortmund	Germany	199	126	61	114	1
19	Ajax	Netherlands	196	0	13	95	9
20	Celtic	Scotland	185	14	18	106	-8
21	Everton	England	165	32	34	107	-15
22	Olympique Marseille	France	157	n/a	n/a	105	6
23	West Ham United	England	156	27	n/a	111	6
24	Rangers	Scotland	147	7	32	113	12
25	Aston Villa	England	140	16	16	91	-21

^ Soccer Team Valuations
^ ^a ^b ^c Estimated by Forbes based on past transactions, market value, debt, and stadium.
^ ^a ^b ^c Includes stadium debt
^ ^a ^b ^c Revenue before interest, taxes, depreciation, and amortization.
^ 2008 Soccer Team Valuations